MarketWatch / PR Newswire: Drilling program 2012 in Mongolia

Manas Petroleum Corp. (“Manas”) is pleased to provide this update on the progress of the exploration program in Mongolia, which is focused on drilling two wells in 2012, through its subsidiary Gobi Energy Partners LLC. Highlights: Ranking prospects resulted in drilling Ger Chuluu A 1 as first well. Secured rig to drill two wells in 2012, commencing drilling in August. The 2011 and 2012 work programs (seismic acquisition, processing, interpretation and passive seismic) allowed the delineation from scratch of seventeen prospects and leads in five different sub-basins. Ranking of prospects resulted in Ger Chuluu and Sainshand A prospects to be drilled in the first phase. Unegt B, which is based on a lesser known petroleum system and therefore not suitable as first well, was chosen as the third prospect. To read the full article, click hereDrilling program 2012 in Mongolia

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